The earnings call highlighted strong revenue growth, record adjusted EBITDA margin, and successful acquisition strategy. However, weather-related delays and leverage concerns were noted as challenges. Overall, the positive aspects significantly outweigh the negative ones.

Company Guidance -

Q4 2025

During the Construction Partners' third-quarter earnings call for fiscal 2025, the company maintained its fiscal year guidance and reported strong financial performance despite weather-related challenges. Key metrics included a 51% increase in revenue to $779.3 million, with 5% organic growth and 46% from acquisitions. The adjusted EBITDA rose by 80% to $131.7 million, with a record margin of 16.9%. The backlog reached $2.94 billion, covering 80% to 85% of the next 12 months' revenue. The company ended the quarter with $114.3 million in cash and a debt-to-EBITDA ratio of 3.17x, aiming to reduce it to 2.5x by late fiscal 2026. They also highlighted their strategy of focusing on public infrastructure and private non-residential projects, expecting continued growth driven by demographic trends and infrastructure spending.

Record Adjusted EBITDA Margin

Construction Partners reported a record adjusted EBITDA margin of 16.9% for the third quarter, up 280 basis points from the same quarter last year.

Significant Revenue Growth

Revenue for the third quarter was $779.3 million, an increase of 51% compared to the same quarter a year ago, with 5% organic growth and 46% from recent acquisitions.

Strong Cash Flow

Cash provided by operating activities was $83 million compared to $35 million in the same quarter a year ago.

Successful Acquisition Strategy

Acquired Durwood Greene Construction, expanding presence in the Houston area, and increased business size by over 50% through organic growth and acquisitions.

Healthy Backlog and Market Conditions

Reported a project backlog of $2.94 billion with 80% to 85% of the next 12 months' revenue covered, supported by strong public and private market conditions.

Construction Partners (ROAD) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

ROAD Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 25, 2025	2025 (Q4)	1.09 / -	0.56	―	―	―
Aug 07, 2025	2025 (Q3)	0.82 / 0.81	0.59	37.63% (+0.22)	―
May 09, 2025	2025 (Q2)	-0.07 / 0.08	-0.02	520.00% (+0.10)	―
Feb 07, 2025	2025 (Q1)	0.15 / 0.25	0.19	31.58% (+0.06)	―
Nov 21, 2024	2024 (Q4)	0.57 / 0.56	0.59	-5.08% (-0.03)	―
Aug 09, 2024	2024 (Q3)	0.54 / 0.59	0.41	43.90% (+0.18)	―
May 10, 2024	2024 (Q2)	-0.04 / -0.02	-0.11	81.82% (+0.09)	―
Feb 09, 2024	2024 (Q1)	0.13 / 0.19	0.04	375.00% (+0.15)	―
Nov 29, 2023	2023 (Q4)	0.52 / 0.59	0.25	136.00% (+0.34)	―
Aug 02, 2023	2023 (Q3)	0.35 / 0.41	0.23	78.26% (+0.18)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

ROAD Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 07, 2025	$93.43	$104.59	+11.94%
May 09, 2025	$92.47	$95.75	+3.55%
Feb 07, 2025	$84.47	$86.76	+2.71%
Nov 21, 2024	$91.31	$96.85	+6.07%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Construction Partners (ROAD) report earnings?

Construction Partners (ROAD) is schdueled to report earning on Nov 25, 2025, After Close (Confirmed).

What is Construction Partners (ROAD) earnings time?

Construction Partners (ROAD) earnings time is at Nov 25, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is ROAD EPS forecast?

ROAD EPS forecast for the fiscal quarter 2025 (Q4) is 1.09.

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